This report is the result of WMI’s extensive market and company research covering the Indian construction equipment market. With a combination of textual commentary, analysis, and charts, the report covers the following categories:

Earth moving equipment

Construction vehicles

Material handling equipment

Concrete equipment

Tunneling and drilling equipment

Road construction equipment

Other construction equipment

The report provides data for the historic years (2005-2009), estimated data for full year 2010, and forecasts from 2011 through 2015 along with growth rates. The report covers the performance of the overall construction equipment market along with individual performances of each category. It also includes the company profiles of the top construction equipment producers.

Scope

Analysis on current year performance and forecast assumptions for each category

Get insight on the construction equipment categories of the Indian construction equipment market

Identify top producers of the Indian construction equipment market along with profiles of all those companies

Key Highlights

The Indian construction equipment market recorded strong growth until 2007, before the global economic crisis and subsequent reduction in the availability of credit in India caused the market to decline. As a result of this decline, the market recorded a CAGR of 1.87% over the review period. In 2009, the construction equipment turnover stood at US$1.5 billion, which represented a decline in comparison to the value from the previous year. However, the construction equipment market has shown signs of recovery since the last quarter of 2009 with the easing of the lending activities by the banks. Over the forecast period, the growth of the market is expected to accelerate as a result of the resumption of delayed projects and new investments into construction projects in the country. Therefore, WMI expects the Indian construction equipment market to register a CAGR of 28.74% during the forecast period, to value US$6.2 billion in 2015.